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$334,000

NAL Estimated Property Value

505 Laurel St, Bastrop, TX, 78602

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,822 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.76 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size26,049 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APNR28911
Lot Number5-6
SubdivisionFarm Lot
Land UseResidential
Legal DescriptionFARM LOT, 5 & 6 W M ST, ACRES 0.598
Census Tract950401
Assessed Land Value$115,657
Assessed Improvement Value$192,810
Assessment Year2025

About this property

COME SEE THIS REMODELED HOME IN THE HEART OF BASTROP. CLOSE TO PARKS, THE COLORADO RIVER, AND MANY QUAINT SHOPS DOWNTOWN. IT IS MOVE IN READY AND HAS A FANTASTIC BACKYARD AND THE LOT IS OVER 1/2 ACRE IN TOWN. THE REMODELING CONSISTS OF VINYL PLANK FLOORING, GRANITE COUNTERTOPS, UPDATED BATHROOMS, STAINLESS STEEL APPLIANCES, AND MORE. IT CONSISTS OF 3 BEDROOMS, 2 BATHS, 2 CAR GARAGE AND 2 LIVING AREAS.

Investor Tools

Property Icon
$334,000
Estimated Property Value
$299,197Estimated Mortgage Balance
$35,353Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,304 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,430
$308,467
2025
$115,657
$192,810
$308,467
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,430
$308,467

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Joseph M Stasulli Etal
Credit Line (Revolving) / Heloc
$324,000
No
First
Mar 17, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,197
$36,803
10%
90%
$1,943/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bastrop

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505 Laurel St | Property Details | No Agent List